Texas Special District Local Laws Code 1080.053 – Bond; Record of Bond and Oath or Affirmation of Office
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(a) A person elected to the board shall qualify for office by executing a good and sufficient commercial bond for $1,000 that is:
(1) payable to the district; and
(2) conditioned on the faithful performance of the director’s duties.
(b) The district shall pay for a director’s bond.
Terms Used In Texas Special District Local Laws Code 1080.053
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
(c) Each director’s bond and constitutional oath or affirmation of office shall be deposited with the district’s depository for safekeeping.